Microsoft Cuts 4,800 Jobs As Xbox Undergoes Major Restructuring
Seattle, 6 July 2026 – Microsoft is cutting 4,800 jobs, or about 2.1% of its global workforce, as the technology giant restructures parts of its business and undertakes…
Author: Chee Liang CFA
Chee Liang CFA specializes in financial advice and global economic trends, delivering clear insights to help readers navigate markets, investments, and the shifting dynamics of the world economy.
JPMorgan Asset Bets Strong Yuan, Weak Won Trend Will Reverse
Hong Kong, 7 July 2026 – JPMorgan Asset Management is positioning for a reversal in one of Asia’s notable currency trends, betting that the recent strength of China’s…
Gold Steadies As Traders Look To Fed For Rate Outlook
Singapore, 7 July 2026 – Gold steadied after pulling back from a two-week high as traders turned their attention to the Federal Reserve for clearer signals on the…
EXIM Bank Channels Over RM2 Million Through Mawaddah Initiative To Support Inclusive Entrepreneurship
Kuala Lumpur, 6 July 2026 – Export-Import Bank of Malaysia Berhad has channelled more than RM2 million through its Mawaddah Initiative over the past three years, empowering more…
Dollar Near Two-Week Lows As Rate-Hike Bets Recede, Yen Remains Under Pressure
Singapore, 6 July 2026 – The US dollar hovered near two-week lows as traders scaled back expectations of further Federal Reserve rate hikes, while the Japanese yen remained…
Gold Trades Near Two-Week High As US Rate-Hike Bets Cool
Bengaluru, 6 July 2026 – Gold traded near a two-week high as investors scaled back expectations of further United States interest-rate hikes, although a firmer dollar capped gains…
Ringgit Opens Firmer As Traders Reassess US Rate Expectations
Kuala Lumpur, 6 July 2026 – The ringgit opened firmer against the US dollar as traders reassessed the United States interest-rate outlook, with softer economic signals reducing expectations…
Singapore Banks Remain A Steady Dividend Play Amid Rate Headwinds
Singapore, 5 July 2026 – Singapore’s three major banks remain a steady dividend play for investors, even as lower interest rates and moderating net interest margins may limit…
Ringgit Faces Near-Term Headwinds, But Medium-Term Outlook Remains Constructive
Kuala Lumpur, 3 July 2026 – The ringgit may face near-term pressure from external market volatility, but its medium-term outlook remains supported by Malaysia’s improving fundamentals, regional trade…
Gold Jumps More Than 2% As Weak US Payrolls Revive Fed Relief Trade
New York, 2 July 2026 – Gold prices climbed more than 2% after weaker-than-expected United States payrolls data revived investor hopes that the Federal Reserve may have less…